Pumping $200 million into new projects in Egypt, in partnership with Agility.

Hassan Allam: We have dollar revenues from our activities outside the country

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Hassan Allam, CEO of Hassan Allam Holding Company, revealed, in an interview with Al-Arabiya, the implementation of 4 logistical regions in Egypt, of which 3 are under construction, and the fourth project will be announced soon.

Allam said that the company signed an alliance agreement with Agility to invest in 3 logistical projects in Egypt.

He added that nearly $200 million will be pumped into the new projects, in partnership with Agility.

He explained that the group obtained the golden license in the field of establishing and managing logistic zones at the level of the Arab Republic of Egypt.

He pointed out that the group has projects outside Egypt that contribute to providing dollar proceeds for the group.

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Alexandra Hartman Editor-in-Chief

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